Articles
Superannuation Death Benefits
Superannuation Death Benefits It is not commonly known that a person's superannuation fund is not regarded as part of a person's estate once they pass away. So, what happens to the super fund upon the death of the member? Once that member dies a death benefit is paid...
Beware of Starting a Company with Others
Beware of Starting a Company with Others It is not uncommon for two people, whether friends or business associates, to have a great business idea and then conduct the venture through the vehicle of a company with each person becoming a director and equal shareholder....
Does a Contract Need to be in Writing?
Does a Contract Need to be in Writing? A contract is a legally binding agreement between parties which satisfies a number of requirements including that there be an acceptance by one party of an offer made by the other, that the parties intend the agreement to be...
What is a Deed of Family Agreement?
What is a Deed of Family Agreement? Sometimes there may be issues inside a family, especially financial ones, that need to be resolved. Any agreement reached can be recorded in a legal document called a Deed of Family Agreement.A common example is where an elderly...
How Does Marriage, Divorce and Separation Affect a Will?
How Marriage Affects Your Will Under section 12 of the Succession Act 2006 (NSW), marriage automatically revokes your Will—unless you made it in contemplation of that marriage. If you wrote your Will before marriage, it becomes invalid once you marry. To protect your...